Changing strata to Torrens title

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  • 08/06/2011 at 4:20 pm #7442 Reply | Quote
    DIDO

      In our strata duplex we have approx 60per cent of the entitlements, the neighbours ca 40%. If we want to convert to Torrens, does our 60% vote prevail as it does (we think!) in ordinary matters?

      If we both agree to the change of title, or if our lone vote in favour prevails, do we disburse the strata fund in the same proportion as it was contributed?

      If we retain a solicitor to convert the title, is it fair that we split the bill 50:50 (as each will benefit equally in acquiring their own TT home) ? OR: is each proprietor expected to have separate legal advice for a mere title conversion? Any idea what converting the title would cost with all various dox and plans or whatever? (Our duplex is 7 years old.).

      What do we need to watch out for – eg: common TV aerial?

      Our neighbours were keen on converting to Torrens but have become worried by ill-informed advice, so grateful for any help please.

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    Reply To: Reply #13010 in Changing strata to Torrens title
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